$82,000
SOLD JAN 26, 2016

203 E 1st St Sheridan, IN 46069

-- Bed
-- Bath
1,492 Sq Ft
0.25 Acres

Recently Sold

$55 Per Sq Ft

9% Below List Price

120 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • 4-minute walk to Sheridan Veteran's Park

About This Home

As of January 2016

Large well-maintained DUPLEX near schools. Walk to downtown and local conveniences. So much potential with this investment. Each unit averages 1,000+ square feet. The first unit has brand new carpet and paint. Tenants are month-to-month, so give notice and move in one side, continue renting the other, or rent both sides for extra $$. Newer gas furnaces on both units. Home has thermal windows, new electrical wiring throughout, 4 new insulated steel doors, newly-insulated foam around foundation.

Last Agent to Sell the Property

Chris Dell

Horizon Real Estate of Indiana Listed on: 07/08/2015

Last Buyer's Agent

Jeffery Watkins

Watkins Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,622

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Irregular Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Block Foundation

Interior Spaces

  • 1,492 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Basement

Listing and Financial Details

  • Tenant pays for sewer, trash collection, all utilities, water
  • The owner pays for gas
  • Tax Block 32
  • Assessor Parcel Number 290132101020000002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,622

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1900
  • Building Area Total: 1492
  • Lot Size Acres: 0.25
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: dellsellsindy@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Living Area: 1492
  • Owner Pays: Gas
  • Possible Use: Residential
  • Main Level Sq Ft: 1492
  • Gross Area Sq Ft: 10890
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 2168

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 84900

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 2 Car Garage,On Street,Parking Garage

Utilities

  • Utilities: Cable Available, Gas, Sewer Connected, Water Connected
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 3009

Lot Info

  • Lot Features: Access, Corner Lot, Irregular Lot
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 10890
  • Parcel Number: 290132101020000002
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: Sewer, Trash Collection, All Utilities, Water

Multi Family

  • Net Operating Income: 7191
  • Gross Income: 10200
  • Insurance Expense: 658
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1622
  • Tax Block: 32
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 811
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2015
Closed on
Jan 26, 2016
Sold by
Purdy Richard A
Bought by
Smokey Llc
Seller's Agent
Chris Dell
Horizon Real Estate of Indiana
Buyer's Agent
Jeffery Watkins
Watkins Realty Services
List Price
$89,900
Sold Price
$82,000
Premium/Discount to List
-$7,900
-8.79%
Current Estimated Value
$205,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,221
Avg. Annual Appreciation
11.03%
Original Mortgage
$65,000
Outstanding Balance
$52,581
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$169,041
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $65,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Rented -- -- --
01/20/2022 01/20/22 For Rent $900 +12.5% --
04/14/2021 04/14/21 Rented $800 0.0% --
04/09/2021 04/09/21 For Rent $800 +14.3% --
09/18/2020 09/18/20 Rented $700 0.0% --
08/31/2020 08/31/20 For Rent $700 0.0% --
01/26/2016 01/26/16 Sold $82,000 0.0% $55 / Sq Ft
12/11/2015 12/11/15 Off Market $82,000 -- --
11/06/2015 11/06/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $89,900 -- $60 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,087 $140,900 $36,300 $104,600
2023 $3,147 $137,200 $36,300 $100,900
2022 $2,902 $126,300 $36,300 $90,000
2021 $2,601 $113,800 $36,300 $77,500
2020 $2,549 $111,500 $36,300 $75,200
2019 $2,418 $105,700 $15,200 $90,500
2018 $2,269 $99,000 $15,200 $83,800
2017 $2,083 $90,800 $15,200 $75,600
2016 $2,029 $90,800 $15,200 $75,600
2014 $1,623 $74,100 $18,500 $55,600
2013 $1,623 $74,100 $18,500 $55,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21364102

MIBOR Broker Listing Cooperative®

APN: 29-01-32-101-020.000-002